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Insurance solicitor vs licensed insurance agent

The differences between insurance solicitors and licensed insurance agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a licensed insurance agent has an average salary of $54,118, which is higher than the $46,251 average annual salary of an insurance solicitor.

The top three skills for an insurance solicitor include endorsements, direct calls and . The most important skills for a licensed insurance agent are excellent time management, work ethic, and strong customer service.

Insurance solicitor vs licensed insurance agent overview

Insurance SolicitorLicensed Insurance Agent
Yearly salary$46,251$54,118
Hourly rate$22.24$26.02
Growth rate6%6%
Number of jobs36,34378,016
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 50%
Average age4646
Years of experience--

Insurance solicitor vs licensed insurance agent salary

Insurance solicitors and licensed insurance agents have different pay scales, as shown below.

Insurance SolicitorLicensed Insurance Agent
Average salary$46,251$54,118
Salary rangeBetween $30,000 And $69,000Between $32,000 And $88,000
Highest paying City-Washington, DC
Highest paying state-Hawaii
Best paying company-Torchmark
Best paying industry-Finance

Differences between insurance solicitor and licensed insurance agent education

There are a few differences between an insurance solicitor and a licensed insurance agent in terms of educational background:

Insurance SolicitorLicensed Insurance Agent
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 50%
Most common majorBusinessBusiness
Most common collegeBoston UniversityUniversity of Pennsylvania

Insurance solicitor vs licensed insurance agent demographics

Here are the differences between insurance solicitors' and licensed insurance agents' demographics:

Insurance SolicitorLicensed Insurance Agent
Average age4646
Gender ratioMale, 39.5% Female, 60.5%Male, 39.0% Female, 61.0%
Race ratioBlack or African American, 7.2% Unknown, 3.5% Hispanic or Latino, 11.4% Asian, 4.2% White, 73.6% American Indian and Alaska Native, 0.1%Black or African American, 9.2% Unknown, 3.6% Hispanic or Latino, 15.7% Asian, 4.9% White, 66.5% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between insurance solicitor and licensed insurance agent duties and responsibilities

Insurance solicitor example responsibilities.

  • Cold-Cal to generate leads for individual life and disability insurance and annuities.
  • Contact police officers for additional information need, sort fingerprint reports, maintain monthly files, and notarize subpoenas of officers.
  • Ensure all require documents are sign, file and fax appropriately and follow all compliance guidelines and procedures by Allstate.

Licensed insurance agent example responsibilities.

  • Explain and advice the customers about the insurance needs, handle objections and sale the Allstate company advantage.
  • Work with people in retirement helping manage their health and life insurance, also help structure their 401k's into annuities.
  • Used consultative upselling techniques to provide leads
  • Quote and sell home, mobile home, renters, auto, and motorcycle policies.
  • Process application on auto, homes, workers comp, trailer, motorcycle, commercial policies.
  • Provide financial services through life insurance, disability insurance and annuities.
  • Show more

Insurance solicitor vs licensed insurance agent skills

Common insurance solicitor skills
  • Endorsements, 51%
  • Direct Calls, 49%
Common licensed insurance agent skills
  • Excellent Time Management, 17%
  • Work Ethic, 17%
  • Strong Customer Service, 13%
  • Customer Service, 13%
  • Insurance Sales, 11%
  • Financial Resources, 5%